Dynamic Safety Stock Management: How to interpret MRP results of coverage profiles
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by Venkata Ramana Nethi CSCP, CPIM, Business Process Lead – Operations, Schlumberger Overview: An organization’s strategic inventory policy and stocking strategies drive aggregate level inventory management (i.e., ABC/XYZ/LMN, etc. classification) which in turn drives item level inventory management. One of the most effective ways to perform item level inventory management on high volume and low...